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NTPC worried as SEBs’ payment security mechanism set to lapse

Under the agreement, any state defaulting on dues owed to power firms risks a deduction from annual transfers

4 min read26 Aug 2015

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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